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Dublin tech CEO gets two years in prison for fraudulently obtaining PPP loans

What did he do? Brian Meidell, the CEO of a Dublin-based tech company called The Server Labs, has been sentenced to two years in federal prison for fraudulently obtaining more than $1.5 million in Paycheck Protection Program (PPP) loans. He pleaded guilty to one count of bank fraud and one count of money laundering in May. According to the U.S. Attorney’s Office for the Northern District of California, Meidell submitted…

India set to become a tech and manufacturing leader, says Sandra Rivera

Intel’s executive vice president praises India’s tech talent and innovation Sandra Rivera, the executive vice president and chief people officer of Intel Corporation, has lauded India’s tech talent and innovation potential. In an exclusive interview with The Financial Express, Rivera said that India is set to become a tech and manufacturing leader in the world, as it has a large pool of skilled engineers, entrepreneurs, and researchers. She also praised…

Microsoft, Meta lead demand for direct air capture to cut carbon emissions

Tech giants invest in carbon removal technology Microsoft and Meta, formerly known as Facebook, are among the leading buyers of carbon removal credits from companies that use direct air capture (DAC) technology to suck carbon dioxide (CO2) out of the atmosphere and store it underground. DAC is a promising but expensive way to reduce greenhouse gas emissions and combat climate change. Microsoft has announced a new purchase agreement with CarbonCapture,…

Cynergy BPO: How Advanced Tech is Enhancing Fintech CX in India

Fintech, or financial technology, is a rapidly evolving sector that is transforming the way businesses and customers interact with financial services. From payments and lending to insurance and wealth management, fintech is redefining the customer experience (CX) with innovative solutions that are faster, cheaper, and more convenient. However, to deliver these solutions, fintech companies need to leverage advanced technologies that can streamline their operations, enhance their security, and provide insights…

India and Cambodia to collaborate on space technology

India offers to share its expertise in space sector with Cambodia India is ready to share its expertise and experience in the space sector with Cambodia, according to the Indian Ambassador to Cambodia, Devyani Khobragade. She made this offer during a meeting with the Cambodian Minister of Posts and Telecommunications, Chea Vandeth, on January 13, 2023. The ambassador said that India has a long history of achievements in the space…

France’s business activity slows down amid rising interest rates, Medef warns

Medef chief sees signs of slowdown in France’s economy Patrick Martin, the head of France’s Medef business lobby group, said on Monday that there were signs of a slowdown in business activity in France and interest rates were also weighing on businesses. He told France 2 TV that France’s economic growth was resilient in the second quarter, but he added that there were nevertheless indications of slower activity. “But we…

Jada Pinkett Smith celebrates her audiobook ‘Worthy’ with her family

Jada Pinkett Smith, the actress and host of the popular Facebook Watch show Red Table Talk, has shared some sweet moments with her family on Instagram. The 51-year-old star revealed that she had finished recording her audiobook ‘Worthy’, which is set to be released in October 2023. A heart-filling Saturday night with the fam Jada posted a series of photos and videos on her social media account, showing her husband…

How small businesses can boost employee performance and unleash their potential

Small businesses face many challenges in today’s competitive and uncertain economy. One of the most critical factors for their success is the performance and engagement of their employees. However, many small businesses struggle to invest time and resources into developing and nurturing their human capital. In this article, we will explore some of the benefits and strategies for unleashing the potential of employees in small businesses. The importance of employee…

Ageing small-business owners face challenges and opportunities

A shrinking proportion of young entrepreneurs According to a recent research from the Australian Small Business and Family Enterprise Ombudsman, the proportion of young small-business owners in the country is shrinking. The median age of small-business owners in Australia is at 50 years old, with 22 per cent aged 60 and older. This trend is consistent with the global statistics, as a study by Score, a non-profit organization affiliated with…

Hong Kong’s Japanese restaurants face challenges amid seafood import ban

Ban affects 10 per cent of Japanese seafood imports Hong Kong has imposed a ban on imports of seafood from 10 Japanese prefectures, including Tokyo and Fukushima, following Japan’s decision to release treated radioactive wastewater from the Fukushima nuclear plant into the sea. The ban, which took effect on Thursday (Aug 24), covers all fresh, frozen, chilled, dried or processed seafood, as well as sea salt and seaweed. The move…